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Stora Enso divests real estate in Germany

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As announced on 4 October 2006, Stora Enso will close down Reisholz Mill by the
end of 2007. The mill's two paper machines will cease production by year end
and will then be scrapped.  Stora Enso has now signed an agreement to divest
its Reisholz Mill site real estate to Slough Estates Commercial Properties, a
fully owned subsidiary of SEGRO plc, a Real Estate Investent Trust (REIT) based
in the United Kingdom. The asset disposal will improve Stora Enso's third
quarter 2007 operating profit by about EUR 10 million. This will be recorded as
a positive non-recurring item in the third quarter 2007 results. 

According to SEGRO's current plans, the land will be developed for big
boxes-logistic users as well as light industrial users. This will change the
type of land use away from paper production. 

Reisholz Mill produces improved super-calendered (SC) papers and has a total
annual capacity of 215 000 tonnes. 



For further information, please contact:
Bernd Rettig, EVP, Country Manager Germany, tel. +49 211 581 2310
Kari Vainio, EVP, Corporate Communications, tel. +44 7799 348 197
Keith B Russell, SVP, Investor Relations, tel. +44 20 7016 3146
Ulla Paajanen-Sainio, VP, Investor Relations and Financial Communications, 
tel. +358 40 763 8767

www.storaenso.com
www.storaenso.com/investors

STORA ENSO OYJ


pp.	Jukka Marttila		Minna Taukojärvi





                                            

                

            

        

    

    



    

        
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